Costco Wholesale moved -0.4% this evening session, trading between a high of $574.64 and a low of $564.355 per share. Yesterday the stock finished at $571.8 per share, compared to an average analyst target price of $591.39.
Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. The large-cap department/specialty retail stores company is based in the United States, and over the last twelve months it has returned a dividend yield of 0.7%. Costco Wholesale has trailing twelve months earnings per share (EPS) of 14.35, which at today's prices amounts to a price to earnings (P/E) ratio of 39.7.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 4.3. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-10-05 | 226,954,000 | -199,382,000 | 12 | -7.69 |
| 2021-10-06 | 195,929,000 | -170,684,000 | 13 | 0.0 |
| 2020-10-07 | 166,761,000 | -144,939,000 | 13 | 0.0 |
| 2019-10-11 | 152,703,000 | -132,886,000 | 13 | 0.0 |
| 2018-10-26 | 141,576,000 | -123,152,000 | 13 | 0.0 |
| 2017-10-18 | 129,025,000 | -111,882,000 | 13 |
Costco Wholesale's 12.8% average gross margins are thinner than the 23.25% average of the Department Store industry, implying that the firm might be lacking in competitivity.
